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Cedaar Textile Secures Rs 9.52 Cr from Anchor Investors Ahead of IPO
The Business Guardian
|June 30, 2025
Cedaar Textile Limited has successfully completed its anchor book allocation, raising Rs9.52 crore ahead of its upcoming Initial Public Offering (IPO).
The anchor book received an enthusiastic response from marquee institutional investors, underscoring strong market confidence in the company's fundamentals and future outlook. A total of 6.8 lakh equity shares were allocated to esteemed anchor institutions at the upper end of the price band, Rs140 per share.
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